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Douglas Dynamics, Inc. filings document the financial reporting, governance and capital-structure disclosures of a public manufacturer and upfitter of commercial work truck attachments and equipment. Form 8-K reports cover operating results and financial condition, including segment commentary for Work Truck Attachments and Work Truck Solutions, press-release exhibits, material events and capital-structure matters.
Proxy materials describe shareholder voting matters, board composition, director elections, executive compensation and governance practices. Other event disclosures record board appointments and retirements, completed portfolio additions, financial outlook commentary and the formal exhibits that accompany the company’s public reporting.
Douglas Dynamics, Inc. executive Christopher E. Bernauer, President of Work Truck Attachments, sold 869 shares of common stock in an open-market transaction at an average price of $42.6065 per share. Following this sale, he directly holds 9,243 shares of the company’s common stock.
Douglas Dynamics, Inc. is soliciting proxies for its 2026 Annual Meeting of Stockholders to be held on April 29, 2026 with a record date of March 2, 2026. On the Record Date, 23,084,814 shares of common stock were outstanding.
The proxy lists four proposals: election of directors (three nominees), an advisory vote on executive compensation, ratification of Deloitte & Touche LLP as auditor, and approval of an amendment to the charter to add officer exculpation. It discloses recent leadership changes: Mark Van Genderen became President and CEO effective March 3, 2025, and Donald W. Sturdivant became Chairman effective April 30, 2025. The proxy also summarizes governance practices, committee compositions, stockholder ownership (several institutional holders >5%), and 2025 executive pay design and outcomes, including a CEO base salary of $700,000 and 2025 annual incentive payouts (e.g., CEO bonus paid at 174.2% of base salary).
Douglas Dynamics director James L. Janik, through the James L. and Susan S. Janik Revocable Trust, made a bona fide gift of 2,000 shares of common stock on February 27, 2026 at a stated price of $0.00 per share.
After this gift transfer, the trust held 116,862 shares indirectly, while Janik also reported 40,136 shares held directly.
Douglas Dynamics, Inc. is North America’s premier manufacturer and upfitter of commercial work truck attachments and equipment, operating through Work Truck Attachments and Work Truck Solutions segments. Products include snowplows, spreaders, truck-mounted cranes, dump hoists, and customized upfitted work trucks.
The company reports an order backlog of $328.0 million as of December 31, 2025 and had 23,084,814 shares of common stock outstanding at February 24, 2026. In 2024 it completed a sale‑leaseback of seven properties with a combined net book value of $21.852 million for gross proceeds of $64.150 million, generating approximately $58.656 million in net cash.
Management highlights strong cash generation, lean manufacturing, a network of about 3,000 Work Truck Attachments points of sale and roughly 2,700 Work Truck Solutions customers, but stresses key risks from snowfall variability, economic cycles, steel and fuel costs, supply‑chain disruptions, climate and ESG pressures, cybersecurity, and leverage, including approximately $144.0 million of senior secured indebtedness as of December 31, 2025.
Douglas Dynamics reported stronger fourth-quarter and full-year 2025 results, led by both Work Truck Attachments and Work Truck Solutions. Full-year net sales rose to $656.1 million from $568.5 million, with gross margin improving to 26.6% and adjusted EBITDA increasing to $97.9 million from $79.3 million.
Adjusted diluted EPS grew to $2.24 from $1.47, while GAAP net income declined to $46.9 million from $56.2 million because 2024 included a roughly $42 million gain from a sale-leaseback. In Q4 2025, net sales reached $184.5 million and adjusted diluted EPS was $0.62, up from $0.39.
Attachments benefited from above-average snowfall and more than 50% growth in parts and accessories demand, while Solutions delivered its fourth consecutive year of significant financial improvement. For 2026, the company guides net sales of $710–$760 million, adjusted EBITDA of $100–$120 million, and adjusted diluted EPS of $2.25–$2.85, assuming average snowfall and stable economic and supply chain conditions.
Van Genderen Mark reported acquisition or exercise transactions in this Form 4 filing.
Douglas Dynamics, Inc. President and CEO Mark Van Genderen received a grant of 21,475 shares of common stock as an award, with no cash paid per share. These shares are scheduled to vest in three annual installments beginning on March 6, 2027. Following this equity grant, he directly holds a total of 67,818 common shares.
Douglas Dynamics, Inc. reported that Controller Jon J. Sisulak acquired 2,023 shares of common stock through a stock grant on this Form 4. The award was at a price of $0.00 per share and increased his directly held stake to 15,209 shares. According to a footnote, these 2,023 shares will vest in three annual installments beginning on March 6, 2027, meaning he receives full ownership over time rather than immediately.
Lauber Sarah C reported acquisition or exercise transactions in this Form 4 filing.
Douglas Dynamics EVP & CFO Sarah C. Lauber received a grant of 9,917 shares of common stock with no cash paid per share. These shares will vest in three equal annual installments beginning on March 6, 2027. After this award, she directly holds 93,429 shares of the company’s stock.
Bernauer Christopher E reported acquisition or exercise transactions in this Form 4 filing.
Douglas Dynamics, Inc. executive Christopher E. Bernauer, President of Work Truck Attachments, received a grant of 4,123 shares of common stock on February 17, 2026 as an equity award. These shares were granted at no cash cost per share and will vest in three annual installments beginning on March 6, 2027. Following this award, Bernauer directly holds a total of 10,112 shares of Douglas Dynamics common stock.
Douglas Dynamics, Inc. executive vice president and chief financial officer Sarah C. Lauber reported an automatic share withholding transaction. On 01/02/2026, Lauber had 13,829 shares of common stock disposed of at $33.11 per share in a transaction coded "F," which typically reflects shares withheld to cover taxes on equity awards. After this transaction, Lauber beneficially owns 83,512 shares of Douglas Dynamics common stock directly.